L brands

Operations Planner

L brands • $70K — $95K *
New York, NY 10025In-Person
Retail & Consumer Goods
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in related field
  • 3-5 years in production planning, supply chain, or inventory management
  • APICS or CPIM certification is a plus
  • Experience in manufacturing or consumer goods/retail preferred
  • Strong business acumen for decision-making
  • Proficiency in SAP and MS Office
  • Ability to build trusted relationships with partners

Responsibilities

  • Manage ordering and inventory of components and finished goods
  • Oversee S&OP between vendors and the business
  • Ensure on-time and cost accountability with vendors
  • Expedite shipments to meet production timelines
  • Communicate forecasts and receipt plans to vendors
  • Partner with vendors for future supply requirements
  • Maintain integrity of Material Requirements Planning (MRP) data

Benefits

  • Health, dental, and vision insurance
  • 401(k) matching contributions
  • Employee discounts on products
  • Comprehensive wellness programs
  • Paid time off and holidays
Full Job Description
Your Role

Victoria's Secret Beauty is looking for an Operations Planner to join the team! This role manages supply chain planning, costing, financial communication, on-time delivery, and inventory for specific business categories. This role is a trusted advisor for both internal cross-functional partners and external vendors. This person has exceptional attention to detail, strong communication and influencing skills, and is motivated working in a fast-paced environment.

Your Impact

Vendor Management

  • Responsible for ordering and management of Component Inventory and Finished Goods


  • Manage S&OP between vendor and Victoria's Secret Beauty business


  • Ensure vendor OT&C accountability is at 95% or higher


  • Ensure finished product is delivered to warehouses in a timely manner; work in conjunction with vendors to prioritize production


  • Expedite shipments / production to meet speed initiatives


  • Short-term and long-term capacity planning


  • Issue component and finished good purchase orders and negotiate with vendors to secure production


  • Communicate new launch forecasts and medium-range receipt plans


  • Partner with vendors to identify future supply chain requirements


Brand Management

  • Build relationship as a trusted advisor


  • Manage speed-to-market initiatives


  • Responsible for communicating/updating changes to open orders: status reporting to cross-functional partners (OT&C accountability at 95%)


  • Review and communicate feasibility and timing for all buy requests


  • Informs cross-functional partners of excess inventory in Semi Annual Sales and Clearance buys; assist with component run-outs to reduce inventory liability


  • Partners with cross-functional partners to develop new launch and medium range receipt plan


  • Understand and support business and process changes by utilizing a speed and agility mindset


  • Identify opportunities to reduce lead times


  • Identify opportunities to gain agility within the supply chain


Inventory Management

  • Responsible for the data integrity of Material Requirement Planning (MRP) that will enable a consistent planning horizon


  • Execute buys using SAP MRP


  • Manage to component inventory targets


  • Manage detailed Bill of Material (BOM) accuracy (waste factors and usage); work closely with Inventory Control during Book to Book to identify and resolve BOM issues


  • Assist Inventory Control with Physical Inventory and provide support to resolve issues


  • Provide justification for excess inventory in quarterly review of Excess and Obsolete reconciliation


  • Conduct End of Season inventory management planning; execute ad hoc cycle counts and run outs to reduce liability


  • Analyze data, reviewing reports, and resolve issues to maintain a clean Book of Business with focus on inventory turns


Click here for benefit details related to this position.

Your Experience

  • Bachelor's Degree in related field


  • APICS, CPIM a plus


  • 3-5 years of production planning, supply chain, or inventory management experience


  • Experience in manufacturing and/or consumer goods/retail preferred


  • Solid business acumen and ability to make recommendations and business decisions in partnership with leader


  • Ability to work in a fast-paced environment with demonstrated initiative and ability to achieve results


  • Ability to build and foster strong trusted advisor relationships with internal and external partners


  • System and computer proficiency (SAP, MSOffice)


About L brands

Bath & Body Works, Inc. is an American specialty retailer based in Columbus, Ohio. It owns Bath & Body Works, posted $11.9 billion in revenue in 2021, and was listed as 248 on the 2020 Fortune 500 list of largest United States companies by revenue. In February 2020, L Brands announced the planned sale of its Victoria's Secret division to Sycamore Partners, a private equity firm. Under the agreement, Sycamore Partners would gain a 55% controlling stake in Victoria's Secret while L Brands would keep a 45% stake, leaving Bath & Body Works to become L Brand's sole business. The sale fell through in May 2020, although Wexner did step down as CEO as planned, replaced by Andrew Meslow. In March 2021, L Brands announced it would spin off Victoria’s Secret as a stand-alone publicly traded company, and then change its name to Bath & Body Works, Inc.
Learn more about L brands
Size
2,800 employees
Market Cap
$22.2 billion
Industry
Retail & Consumer Goods
Net Income
$845.3 million
Founded
1963
5 Year Trend
-0.5%
Revenue
$11.8 billion
NASDAQ
LB
* Ladders Estimates

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